1. |
keynesism
the idea that spending (no matter on what and how much debt it creates) is good for an economy
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3. |
increased sub-prime lending
can't afford the house? no worries, prices will always go up and we'll just sell the loan to fannie mae and freddie mac
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5. |
crony capitalism
big banks weren't afraid to make ludicrous risks because they knew their buddies in the treasury would bail them out with our money when they failed
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